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reza21 š©
@reza21
Bitcoin and Ethereum options worth $3.1 billion are set to expire today ahead of the US jobs report. According to data from trading platform Deribit, 26,000 Bitcoin options worth $2.5 billion and 204,376 Ethereum options worth $557.04 million are set to expire. The put-to-call ratio for Bitcoin is 0.58 and for Ethereum is 0.46, indicating bullish expectations among traders. Analysts expect the cryptocurrency market to experience significant volatility amid macroeconomic uncertainties and the release of the January US employment and unemployment data.
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